EUR/USD Price Analysis: Interim hurdle aligns at 1.2173/92

EUR/USD retakes the 1.21 mark and beyond on Thursday.
Minor hurdles emerge in the 1.2173/92 band so far.

Pablo Piovano FXStreet

EUR/USD manages to reclaim the area above the 1.2100 level on Thursday amidst a broad-based selling bias in the greenback.

If the rebound gathers extra steam, then the next interim hurdle emerges at the Fibo retracement (of the November-January rally) at 1.2173 ahead of the 21-day SMA, today at 1.2192. Further up, there are no relevant levels until the YTD peaks in the 1.2350 zone.

On the broader picture, the constructive stance in EUR/USD remains unchanged while above the critical 200-day SMA, today at 1.1620.

Looking at the monthly chart, the (solid) breakout of the 2008-2020 line is a big bullish event and should underpin the continuation of the current trend in the longer run.

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.2149
Today Daily Change	50
Today Daily Change %	0.35
Today daily open	1.2107

Trends
Daily SMA20	1.2199
Daily SMA50	1.2099
Daily SMA100	1.1935
Daily SMA200	1.1628

Levels
Previous Daily High	1.2158
Previous Daily Low	1.2077
Previous Weekly High	1.2227
Previous Weekly Low	1.2077
Previous Monthly High	1.231
Previous Monthly Low	1.1924
Daily Fibonacci 38.2%	1.2108
Daily Fibonacci 61.8%	1.2127
Daily Pivot Point S1	1.207
Daily Pivot Point S2	1.2033
Daily Pivot Point S3	1.1988
Daily Pivot Point R1	1.2151
Daily Pivot Point R2	1.2196
Daily Pivot Point R3	1.2233

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

EUR/USD regains balance, targets 1.1800

EUR/USD has lost a bit of momentum after its earlier push higher and is now attempting to reclaim the key 1.1800 barrier on Monday. In the meantime, investors remain focused on the evolving US–EU trade relationship after President Trump’s announcement of sweeping global tariff hikes.

GBP/USD recedes from tops, back to 1.3500

GBP/USD is extending its move higher on Monday, meeting some resistance around 1.3530 on the back of the widespread bearish tone in the US Dollar amid ongoing uncertainty around tariffs. For now, traders are watching overall risk sentiment and central bank rhetoric for the next directional cue.

Gold advances to four-week highs, focus is on $5,200

Gold is holding onto its bullish tone on Monday, hovering near monthly highs well above the $5,100 mark per troy ounce. Fresh trade-war concerns, coupled with rising geopolitical tensions in the Middle East, are keeping demand for the yellow metal well on the rise.

Crypto Today: Bitcoin, Ethereum, XRP intensify sell-off as tariff uncertainty weighs

Bitcoin, Ethereum and Ripple are trading amid increasing selling pressure at the time of writing on Monday, as investors react to fresh trade uncertainty over US President Donald Trump’s push for more tariffs.

Supreme Court nixes tariffs, Trump teases 15% global tariff

On February 20th, the Supreme Court ruled that Trump’s global tariffs under IEEPA authority were unconstitutional, effectively nullifying the framework. However, the relief was short-lived. Within hours, Trump floated a 15% blanket tariff under an alternative legal authority.

XRP recovers slightly as bearish sentiment dominates crypto market

Ripple is rising above $1.40 at the time of writing on Monday amid fresh tariff-triggered headwinds in the broader cryptocurrency market. The sell-off to $1.33, the token’s intraday low, can be attributed to macroeconomic uncertainty, geopolitical tensions and risk-averse sentiment among other factors.